In what way does my ID and proof of funds have anything to do with my conveyancing in Mere? What am I being asked for?
In order to comply with Money Laundering Regulations any Mere conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, conveyancers are required to ascertain not just the identity of conveyancing clients but also the source of monies that they receive in respect of any matter. Refusal to disclose this may lead to your solicitor ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
My brother-in-law has suggested I instruct a conveyancing solicitor in Mere. I need to find out if they are accepted on the HSBC Bank approved list of lawyers. Could you or the lender confirm if they are on the panel?
You should phone the solicitor and ask them if they are on the lender panel. Otherwise you can call HSBC Bank who may be able to assist.
Should our conveyancer be raising enquiries about flooding as part of the conveyancing in Mere.
Flooding is a growing risk for lawyers conducting conveyancing in Mere. Plenty of people will acquire a property in Mere, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, however there are a numerous checks that can be undertaken by the buyer or by their lawyers which can figure out the risks in Mere. The conventional set of information sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a usual question of the owner to discover if the premises has suffered from flooding. If flooding has previously occurred which is not disclosed by the owner, then a buyer could commence a compensation claim as a result of such an incorrect answer. A buyer’s conveyancers may also order an enviro search. This should disclose if there is a recorded flood risk. If so, additional inquiries should be conducted.
I used Wolstenholmes several years ago for my conveyancing in Mere. Now, I need my documents however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Mere of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Mere differ for newly converted properties?
Most buyers of new build premises in Mere come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because developers in Mere usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Mere or who has acted in the same development.
How simple is it to use your search facility to get a costs illustration from a conveyancing practitioner in Mere on the authorised to act for my bank?
Step one is to select a bank such as Birmingham Midshires, Bank of Scotland or Aldermore then specify your preferred area for example Mere. Conveyancing firms in Mere and across England and Wales will then be shown.